Traders are often surprised at how close trading is to games of skill such as poker and blackjack where players exploit small skill advantages and a ruthless understanding of money management to be successful. Cates earned his stake by grinding, the term used to describe the process of pressing a skill advantage over an extended period of…

I thought I would post this as an example of something that is profoundly irrelevant to traders. However, the problem is people actually take this nonsense seriously and base their decisions on it. If you look at both the daily and weekly trend of the AUD it is up. Now whether that continues and for how long…

Traders are often surprised at how close trading is to games of skill such as poker and blackjack where players exploit small skill advantages and a ruthless understanding of money management to be successful. Cates earned his stake by grinding, the term used to describe the process of pressing a skill advantage over an extended…

RECENTLY I WORKED as an internist-intensivist at the Canadian Combat Surgical Hospital in Kandahar. Most of our casualties were Afghans: National Army soldiers, National Police and civilians caught in crossfire. They were diminutive men, almost always less than a hundred and forty pounds. I cannot comment on the body masses of the Taliban—they were never…

Good to see the local Poseidon boom gets a mention.

Well, so much for newspapers screaming that the days of parity were long gone. I think this example presents somewhat of a salutory lesson about trading within a crisis and is and isnt a good idea. It is clear that the AUD broke down into its trading range on the back of events in Japan.…

It had to happen we now have a social media analyst This news is as depressing as the graphic below that shows that Harvard MBA’s are now moving back into Wall St.

For some reason I just find this funny.

Well, so much for newspapers screaming that the days of parity were long gone. I think this example presents somewhat of a salutory lesson about trading within a crisis and is and isnt a good idea.   It is clear that the AUD broke down into its trading range on the back of events in Japan. However,…

Good to see the local Poseidon boom gets a mention.